The Latin America, Middle East and Africa Dips and Spreads Market would witness market growth of 7.5% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 484.4 kilo tonnes, showcasing a growth of 9.2% (2024-2031).
Salsa is a vibrant and versatile addition to the Dips and Spreads Market, renowned for its zesty flavor and diverse range of ingredients. Typically made with tomatoes, onions, peppers, cilantro, and spices, salsa offers a balance of tanginess, heat, and freshness. Thus, the Saudi Arabia market is expected to utilize 21.39 kilo tonnes of Salsa based dips and spreads by 2031.
The Brazil market dominated the LAMEA Dips and Spreads Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,023.5 Million by 2031. The Argentina market is showcasing a CAGR of 8.4% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 7.2% during (2024 - 2031).
Consumers incorporate it into home-cooked meals, using them as ingredients, toppings, or accompaniments to dishes such as sandwiches, salads, and pasta. Food service establishments feature dips and spreads on their menus, offering them as appetizers, side dishes, or condiments for main entrees.
Moreover, this adoption enhances menu diversity and appeals to patrons seeking flavorful dining options. These are widely available in retail outlets and e-commerce platforms. Consumer demand for convenience and variety drives in-store and online sales, with brands leveraging digital marketing and direct-to-consumer strategies to reach a broader audience.
The abundance of food service outlets, including restaurants, cafes, hotels, and catering services, has significantly increased the consumption of this in the UAE. These outlets often incorporate dips and spreads into their menus as appetizers, condiments, or accompaniments to main dishes. As a result, consumers are exposed to various dips and spreads, including traditional Middle Eastern options like hummus and baba ganoush, as well as international varieties such as salsa, guacamole, and tzatziki.
Free Valuable Insights: The Worldwide Dips and Spreads Market is Projected to reach USD 136 Billion by 2031, at a CAGR of 5.3%
Based on Distribution Channel, the market is segmented into B2B and B2C. Based on Type, the market is segmented into Cheese, Salsa, Mayonnaise, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By Distribution Channel (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Type (Volume, Kilo Tonnes, USD Billion, 2020-2031)
By Country (Volume, Kilo Tonnes, USD Billion, 2020-2031)
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